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ECHOSIGN 3.0 RAISES THE BAR FOR CONTRACT SIGNATURE AUTOMATION
LARGEST RELEASE IN COMPANY’S HISTORY ADDS POWERFUL WORKFLOW CAPABIITY AND REAL-TIME SALES ANALYTICS TO THE WEB’S MOST ADOPTED E-SIGNATURE SERVICE
Palo Alto, CA, February 13, 2008 ---
EchoSign, the leading web-based signature automationservice, today announced the availability of EchoSign 3.0. This latest version of the number oneweb-based e-signature service brings the power of sophisticated workflows to a completelyautomated and intuitive web interface.EchoSign’s 250,000 user base has already shortened their contract signature process by as muchas ninety percent (90%) – getting contracts signed on average in just 42 minutes. In version 3.0,EchoSign introduces a host of new features that help companies of any size close faster, savemoney, and process contracts even more efficiently.“The key to success for companies of all sizes is identifying bottlenecks in the sales process thathinder a company’s ability to close a deal. With so many businesses going global, the time ittakes to get a single signature on a contract increases fourfold,” said Jason Lemkin, CEO,EchoSign. “EchoSign’s newest release continues to cut the fat out of the contract process, byenabling companies to quickly and intuitively gather the signatures they need to drive the business bottom-line.”In a recent report Gartner recommends “consider[ing] e-signature services instead of softwaresuites when one or more of these factors exist: the signature-based process is automated; rapidtime-to-market is important; complex internal workflows are not required; a third party to vouch
for the signed record is needed; or the price per signed record will be less than purchasedsoftware and in-house development.”*EchoSign’s easy to use interface has enabled thousands of companies to go from ‘quote to close’in less than 42 minutes. With EchoSign companies are able to close more contracts, work moreeffectively with customers and partners, and manage and audit agreements within a singleinterface. With version 3.0 EchoSign increased the power of e-signatures by extending their ability to reach across the globe and in the organization. Major features include:
Workflow “Language” –
EchoSign API has already enabled dozens of internet leaders tointegrate EchoSign e-signatures into their own products – including Salesforce.com, WebExConnect, Box.net, Zoho, HR Block Rocketlawyer, SpringCM, Drawloop and dozens of others.EchoSign now takes this to the next level by enabling its customers and partners to go beyond thestandard counter signature and sequential EchoSign signature options and directly craft their owncustomized signature workflow processes.
MegaSign
- With EchoSign 3.0 users can now send an agreement out to 10, 100, or 1,000 usersor more for signature. In just one click, EchoSign automatically tracks down signatures fromthousands of employees; automatically follows-up for you and reminds them until they sign; andcreates a full real-time audit report of who’s signed and who hasn’t across your enterprise.
Instant, Automated, Interactive Forms
– Users can marry data collection and e-signatures in afew clicks. Now, users can create an interactive form without requiring Adobe Acrobat – just byusing Microsoft Word. EchoSign 3.0 automatically converts the Microsoft Word document intoan interactive form. This form can be posted to a website or secure portal via the EchoSignwidget in seconds, without programming. Or the form can simply be e-mailed for signature.Either way, with one click, the document is e-signed – and the collected data is exported out toMicrosoft Excel for analysis and integration.
Real-time Dashboard Analytics in Salesforce
– For the first time, sales managers can track, inreal-time, the status of every single contract across their company. EchoSign for Salesforce offersreal-time dashboard analytics to measure metrics across your team including deals closed by salesrep, open deals, percentage of agreements signed, and average minutes until signed.
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